Pennant Investors, L.P. 13F annual report
By Rachel Davis
Pennant Investors, L.P. is an investment fund managing more than $282 billion ran by Alan Fournier. There are currently 12 companies in Mr. Fournier’s portfolio. The largest investments include Alphabet Inc and Amazon.com, together worth $98.1 billion.
$282 billion Assets Under Management (AUM)
As of 7th August 2023, Pennant Investors, L.P.’s top holding is 410,000 shares of Alphabet Inc currently worth over $49.1 billion and making up 17.4% of the portfolio value.Relative to the number of outstanding shares of Alphabet Inc, Pennant Investors, L.P. owns more than approximately 0.1% of the company.In addition, the fund holds 376,000 shares of Amazon.com worth $49 billion, whose value grew 38.8% in the past six months. The third-largest holding is Microsoft worth $45.6 billion and the next is Transdigm worth $37.6 billion, with 42,000 shares owned.
Currently, Pennant Investors, L.P.'s portfolio is worth at least $282 billion. The total portfolio value may be much higher due to cash assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Pennant Investors, L.P.
The Pennant Investors, L.P. office and employees reside in Summit, New Jersey. According to the last 13-F report filed with the SEC, Alan Fournier serves as the Authorized Person at Pennant Investors, L.P..
